While the market has settled slightly since the summer 2021 peak, inventory throughout the DMV and country remains slim. Nationwide active listings have declined by more than 20 percent and as we approach winter, a traditionally lower inventory time of year, it’s unlikely the listing rate will surge anytime soon. The good news is the
2021 is definitely a great year for home sellers. Everything seems to be going their way. Homes are selling for well over the listed price and are usually only on the market for a few days. But there are still things sellers need to be aware of in this kind of whirlwind real estate market.
For the better part of the last decade we’ve been in a seller’s market, and each year this seller’s market has gotten stronger. Even during the height of the COVID-19 pandemic in 2020, the U.S. real estate market reached record sale and sale price numbers despite the fact that the country was experiencing the worst
In a market as hot as the one we’re experiencing, does it make sense to buy a rental property? The simple answer is, yes, as long as the numbers make sense for you. Just like purchasing a rental property in any other market, it all comes down to the potential profitability of the property and
When the threat of COVID-19 first hit the United States no one was sure what the impact on our housing market was going to be. The truth is that at the time this article is being written, we still don’t know how the market is going to look on the other side of this pandemic.